Cash Levels: Fund managers’ average cash balance has risen to 6.1% in September – the highest since October 2001 after the 9/11 shock, and well above the long-term average of 4.8% as recession concerns rise, the survey said.
True North, Krishnan Ramachandran sell 10% stake in Niva Bupa Health for Rs 1,507 crore
Private equity firm True North and Niva Bupa Health Insurance chief Krishnan Ramachandran divested a combined 10 per cent stake in the health insurer for